April Reserves at $81.82 Billion

Gross international reserves in April stood at $81.82 billion, $923.2 million higher than the revised $80.89 billion in March. The increase could be traced to inflows arising from the central bank’s foreign exchange operations, net foreign currency deposits by the national government, revaluation adjustments on the BSP’s gold holdings, as well as income from its investments abroad. Foreign investments had inched up 1.55 percent to…

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